Lockheed Martin and DoD move closer to agreement on F-35 Lots 18 and 19
In December 2022, Lockheed Martin was awarded $1 billion to begin ordering long-lead parts for Lot 18 aircraft. (Photo: US Air Force)
The formal contract is expected before the end of 2024. Lockheed Martin stated in October 2024 that negotiations surrounding the Lots 18 and 19 were still underway.
Lockheed Martin has moved closer towards a deal with the F-35 Joint Program Office (JPO) on its Lot 18 and Lot 19 contracts for the aircraft, via an informal agreement (known as a ‘handshake’ deal), as first reported by Air and Space Forces magazine.
While the agreement is not yet finalised, it will reportedly cover around 300 aircraft. Lockheed Martin’s final assembly line in Forth Worth, Texas has a reported capacity of 156 aircraft.
“We have reached an initial agreement as part of ongoing negotiations for the Lot 18/19 Air Vehicle Production Contract,” the JPO and Lockheed Martin said. “We will share the aircraft quantity and cost figures when a final agreement is signed.”
Related Articles
Lockheed Martin takes financial hit amid ongoing F35 troubles
Lockheed Martin previously revealed that due to delays in finalising a deal it had taken a US$700 million hit to keep production for Lots 18 and 19 running. During its Q3 2024 financials call, Lockheed Martin said it anticipated recouping in Q4 2024 some of the costs incurred once the contract for Lots 18 and 19 were negotiated.
In Q3 2024, the company delivered 48 F-35s and still expects to deliver 90 to 110 aircraft this year, with the remaining of its Lot 15-17 aircraft to follow soon after. Lot 20 is part of a separate agreement, with Lockheed recently being awarded $870 million for the long-lead materials by the US Department of Defense.
Related Equipment in Defence Insight
More from Air Warfare
-
![India fast-tracks helicopter procurement with dual RFIs for 276 platforms]()
India fast-tracks helicopter procurement with dual RFIs for 276 platforms
India has issued urgent RFIs for more than 270 reconnaissance, surveillance and utility helicopters across its services, signalling a systemic overhaul of rotary-wing capabilities with a renewed emphasis on indigenous production and technology transfer.
-
![US combat drone plan rushes forward with first flight and selection in FY2026]()
US combat drone plan rushes forward with first flight and selection in FY2026
The US Department of Defence (DoD) previously selected Anduril Industries and General Atomics to develop production-representative prototypes under the Collaborative Combat Aircraft (CCA) programme. A competitive Increment 1 production decision is expected in FY2026.
-
![DSEI 2025: Saab unveils new CUAS missile solution to defeat UAS swarms]()
DSEI 2025: Saab unveils new CUAS missile solution to defeat UAS swarms
The Nimbrix missile has been developed and tested over the last year and is Saab’s latest cost-effective answer to help armed forces counteract escalating numbers of uncrewed aerial threats on the battlefield.
-
![Will drone motherships form part of tomorrow’s warfare?]()
Will drone motherships form part of tomorrow’s warfare?
While motherships offer multiple operational advantages, the changes in the character of warfare may bring new tactics to the battlefield, reducing their role.
